Overview
Compliance and Controls Manager Jobs in Toronto – Ontario at Vaco Lannick
Title: Compliance and Controls Manager
Company: Vaco Lannick
Location: Toronto – Ontario
Category: Finance & Banking, Insurance
About the Company Our client is a leading Canadian bank. They are looking for a Compliance and Controls Manager who’s responsibilities are executed in accordance with the bank’s risk management and compliance policy and oversight requirements. Why Work Here Opportunity to build out the position and make it your own, all with the support from the Risk & Compliance High level of visibility as you will be working very closely with the entire Finance team, Risk & Compliance team, and Internal Auditors (outsourced) Our client is one of the fastest growing companies in Canada and were recently acquired by the Ontario Teaches Pension Plan Strong management team with a lot of tenured leaders Progressive and
inclusive culture
Company often participates in
community events
About the Opportunity Primary
Responsibilities
Managing and reporting on operational risk in Finance including accounting operations, internal and external reporting, and regulatory reporting Implementation and documentation of internal controls, enhancing control descriptions, identification of control weaknesses and assisting in the remediation of deficiencies. Perform testing on key controls and deliver timely reporting on New Initiative Risk Assessments (NIRA’s) to help ensure an effective and efficient internal control environment within Finance.
Collaborate and work closely with risk and compliance teams and other internal and external stakeholders on all elements of the risk and compliance management program. Finance
Risk Assessment
and Compliance Assist in the development of Finance standard operating procedures. Maintain, review, and update the repository of Finance policies, standards, operating procedures, and guidelines. Ensure compliance with relevant financial regulations, accounting standards, and internal controls in all financial activities.
Ensure risk is being managed effectively while maintaining a customer and performance-oriented culture. Review risk and compliance
risk assessment
reports for accuracy and completeness Retain record of risk assessments, including documentation of any application of professional judgement Monitor, coordinate and facilitate annual and trigger-based risk assessments across Finance to ensure timely completion. Provide ongoing support to investigate and mitigate internal audit and regulatory risks and opportunities.
Identify risk trends and emerging risks across Finance and inform management and risk and compliance of the risk exposure. Collaborate with risk and compliance teams on all elements of the company’s risk and compliance management program. Support risk and compliance teams with third party risk management and vendor governance including onboarding, financial
risk assessment
, monitoring, and reporting. Work closely and collaboratively with other risk oversight functions as well as internal and external auditors.
Manage and coordinate response to risk, compliance, internal audit, regulatory examinations or third-party independent reviews on behalf of management. Recommend policy, procedure and control enhancements as required to address current and emerging risks Controls Management, Testing and Reporting Perform quality testing of Finance processes and internal controls. Develop action plans to address identified issues and control gaps. Implement action plans to remediate control gaps and monitor and report on progress.
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